This paper shows estimates of the optimal level of foreign reserves for Brazil between the first quarter of 1998 and the same trimester of 2008, by applying the Jeanne e Ranciére (2006) framework, using different scenarios. We also estimate the fiscal costs of holding this asset, as well as the...

This paper shows estimates of the optimal level of foreign reserves for Brazil between the first quarter of 2004 and the third trimester of 2012, by applying the new Jeanne e Rancière (2011) framework, using different scenarios. The estimates of the optimal holdings of this asset are calculated...

In 2012, as a result of the Rio+20 Conference of the United Nations (UN), the Sustainable Development Goals (SDGs) were created, including access to drinking water and basic sanitation (challenge 6 of the SDGs). In Brazil, the semiarid region is the region where achieving the goals of SDG 6 is...

This paper describes and analyzes the trajectory of water and sanitation policies in Brazil, with emphasis on the Union acts on financing and regulation evolution in the sector. The objective is to point the different regulatory forms and models already tried, as well as to highlight the...

Based on the acknowledged importance of the State actions in water supply and sewage services, this article aims to present a methodological proposal for prioritizing public investment in this area. Therefore, based on the attributions applied in the legislation, Brazilian municipalities were...

A significant portion of the northeastern territory of Brazil has a population and water resources such that, when combined, they result in low to very low water availability per inhabitant. Over time, numerous human interventions were carried out in the region in an attempt to mitigate the...

The supply of drinking water and the proper disposal of waste generated by human activities are two important factors that influence the quality of life and health of a population. In recent decades, access to basic sanitation services has shown advances in all Brazilian regions. Despite this,...

This article estimates the stance of fiscal policy using the framework of conditional forecasting to evaluate the stance in Brazil since 1997. This indicator is measured as the deviation of forecast of the output gap conditional to the observed values and steady-state values of the instruments...

This paper aims to contribute to the debate on possible changes in the Brazilian tax system in the light of recent experience of the European Union (EU) and the United Kingdom, with regard to tax rules. International evidence indicates, according to the International Monetary Fund (IMF) Fiscal...